Allied Properties Real Estate Investment Trust is a closed-end real estate investment trust (REIT). The Trust is an owner, manager and developer of urban office properties. The Trust operates in nine urban markets in Canada: Toronto, Kitchener, Ottawa, Montreal, Quebec City, Winnipeg, Calgary, Edmonton and Vancouver. The Trust may invest in interests in producing office, retail and residential properties, and properties under development in Canada and the United States. The Trust specializes in an office format created through the adaptive re-use of light industrial structures in urban areas that has come to be known as Class I. Its properties include 32 Atlantic, 47 Jefferson, 64 Jefferson, 905 King W, The Castle, 141 Bathurst, 420 Wellington W, 468 King W, The Well, 193 Yonge and Dominion Square. Its tenant base include companies from various sectors, including business service and professional, telecommunications and information technology, and educational and institutional.
Industry, Sector and Symbol
Industry REIT - Office
Sub-IndustryN/A
SectorReal Estate
Phone+1-416-9779002
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$431.22 million
Profitability
Miscellaneous
EmployeesN/A
OptionableNot Optionable
Allied Properties Real Estate Investment (TSE:AP.UN) Frequently Asked Questions
What is Allied Properties Real Estate Investment's stock symbol?
Allied Properties Real Estate Investment trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AP.UN."
How often does Allied Properties Real Estate Investment pay dividends? What is the dividend yield for Allied Properties Real Estate Investment?
Allied Properties Real Estate Investment declared a monthly dividend on Wednesday, January 30th. Investors of record on Friday, February 15th will be given a dividend of 0.133 per share on Friday, February 15th. This represents a $1.60 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date of this dividend is Wednesday, January 30th. View Allied Properties Real Estate Investment's Dividend History.
What price target have analysts set for AP.UN?
6 analysts have issued twelve-month price objectives for Allied Properties Real Estate Investment's stock. Their predictions range from C$43.25 to C$52.00. On average, they expect Allied Properties Real Estate Investment's stock price to reach C$48.89 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price. View Analyst Price Targets for Allied Properties Real Estate Investment.
What is the consensus analysts' recommendation for Allied Properties Real Estate Investment?
Has Allied Properties Real Estate Investment been receiving favorable news coverage?
News headlines about AP.UN stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Allied Properties Real Estate Investment earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
Who are some of Allied Properties Real Estate Investment's key competitors?
Some companies that are related to Allied Properties Real Estate Investment include Mirvac Group (MGR), Land Securities Group (LAND), Investa Office Fund (IOF), Dream Global REIT (DRG.UN), Cromwell Group (CMW), Dream Office Real Estate Investment Trst (D.UN), GDI Property Group (GDI), Franklin Street Properties (FSP), Franklin Street Properties (FSP), Industria REIT (IDR), Australian Unity Office Fund (AOF), Asia Pacific Data Centre Group (AJD), 360 Capital Group (TGP), Garda Diversified Property Fund (GDF) and Owens Realty Mortgage (ORM).
Who are Allied Properties Real Estate Investment's key executives?
Allied Properties Real Estate Investment's management team includes the folowing people:
- Gordon R. Cunningham, Independent Chairman of the Board of Trustees (Age 72)
- Michael R. Emory, President, Chief Executive Officer, Trustee (Age 61)
- Cecilia C. Williams, Executive Vice President and Chief Financial Officer (Age 40)
- Thomas G. Burns, Chief Operating Officer, Executive Vice President (Age 61)
- Luqman M. Ahmad, Senior Vice President - Finance and Accounting
- Tim Low, Senior Vice President - Leasing (Age 53)
- David Pitfield, Senior Vice President - Operations
- Douglas Riches, Senior Vice President - Mission Critical Facilities (Age 66)
- Jennifer L. Irwin, Vice President - Human Resources and Communications
- Tyrone Bowers, Vice President - Acquisitions
How do I buy shares of Allied Properties Real Estate Investment?
Shares of AP.UN and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Allied Properties Real Estate Investment's stock price today?
One share of AP.UN stock can currently be purchased for approximately C$47.66.
How big of a company is Allied Properties Real Estate Investment?
Allied Properties Real Estate Investment has a market capitalization of C$4.95 billion and generates C$431.22 million in revenue each year.
What is Allied Properties Real Estate Investment's official website?
How can I contact Allied Properties Real Estate Investment?
Allied Properties Real Estate Investment's mailing address is 134 Peter St Suite 1700, TORONTO, ON M5V 2H2, Canada. The real estate investment trust can be reached via phone at +1-416-9779002.
MarketBeat Community Rating for Allied Properties Real Estate Investment (TSE AP.UN)
MarketBeat's community ratings are surveys of what our community members think about Allied Properties Real Estate Investment and other stocks. Vote "Outperform" if you believe AP.UN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AP.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.
